Sunday, December 18, 2011

Sustainable Finance: Five Stories to Watch in 2012


145px-earth_recyclesvg"An optimist stays up until midnight to see the new year in. A pessimist stays up to make sure the old year leaves." -- Bill Vaughn (1915-1977), columnist, Kansas City Star

Saint Paul is often misquoted as having said that money is the root of all evil. (He actually wrote, in the First Epistle to Timothy in the New Testament, "For the love of money is a root of all kinds of evil.") Certainly, a very good argument can be made. But perhaps that's also a bit of a pessimistic view. Over the past year, much of my focus on these pages has been to look at the very opposite: How the ethical use of money and transparent financial vehicles -- as well as the responsible application of the cooperative systems of capital markets and direct public action -- can be a root of all kinds of good.

See full Article.